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Matrix Medical Network Announces Walter W. Cooper as New Chief Executive Officer

SCOTTSDALE, Ariz., Oct. 23, 2014 (GLOBE NEWSWIRE) -- Matrix Medical Network® (Matrix), the leading provider of in-home health assessments, announced that Walter W. Cooper has been appointed the company's new Chief Executive Officer. Mr. Cooper transitions into this leadership role following the recent acquisition of Matrix by Providence Service Corporation, a Tucson, Arizona-based company that provides home and community based services to healthcare and government customers.

Mr. Cooper joined Matrix in December 2013, and as chief operating officer, he created an expanded vision for Matrix, building upon the company's leading in-home services platform. In addition to providing in-home assessments, Matrix now provides a variety of additional care services and ongoing follow-up support to ensure that members get the care they need.

"With Matrix now part of the Providence family, we are delighted to have Walt assuming the role of CEO. His extensive healthcare background and demonstrated leadership will be a tremendous asset," said Providence CEO Warren Rustand. "We look forward to working with Walt and the entire Matrix team under the Providence umbrella as we continue to build a pre-eminent healthcare services company."

Mr. Cooper brings significant healthcare experience and industry knowledge to his new role. Prior to joining Matrix, he served as a top executive at WellCare Health Plans, a $9.5 billion multi-state leader in Medicare and Medicaid programs. While at WellCare, Mr. Cooper was the chief administrative officer and was responsible for the $1.5 billion Medicare Part D and Specialty Pharmacy business. He also led all transaction processing including healthcare delivery, operations, IT, quality, analytics and PMO.

Prior to WellCare, Mr. Cooper held a number of senior leadership positions at UnitedHealth Group. While at United, he developed the go-to market strategy and led marketing and ancillary product development for the specialized care services business segment. In addition, he also supported specialized health products for the retiree solutions and senior market business segments.

"I am very excited about the opportunity to continue to grow Matrix as part of the Providence family," said Mr. Cooper. "We both recognize the value of a home and community based approach and, together, we will be even better positioned to create new ways to deliver more value to patients, providers and payers."

About Matrix Medical Network

Matrix Medical Network provides comprehensive in-home health assessments and care services for health plan members nationwide. Using an advanced technology platform, Matrix Nurse Practitioners are able to provide a growing range of in-home care services including laboratory and medication management. Health plans partner with Matrix for the highest-quality care and insights obtained in the home that can drive better healthcare outcomes. Headquartered in Scottsdale, Ariz., Matrix has a multidisciplinary team including Nurse Practitioners located in local communities across the country. For more information, visit www.MatrixForMe.com.

Matrix Medical Network Media Contact

Heather Rodgers: office 480.862.1887; mobile 480.290.1196; or hrodgers@matrixhealth.net

Source: Matrix Medical Network